Topic: Can cryptocurrency make real money disappear? - page 39. (Read 28845 times)
No, cryptocurrency can't make real money disappear. You can change your bitcoin into real money because some store don't use Bitcoin as payment of a product. Bitcoin has a high value so if you change it in your own currency your money will be big. But some store use bitcoin as a payment so you can easily use it through online.
What are the chances of living in a world with no actual money ? 
If there is no actual money in this world,but we can survive using the digital money by using the cryptocurrency that to support our money if there is no real money exixting. but there is possibility our world became cashless society.
As far as a real money is a big use in this world not even cryptocurrency/bitcoin or other form of virtual money can make a real money disappear. First, not all of people in this world have a enough knowledge about cryptocurrency/bitcoin. Second, not all of people have a gadget even a cellphone to have a virtual money. Third, this such thing is a really big deal, this a big ADJUSTMENT. Fourth, real money counts on how rich you and your country are. Fifth, not all of the country has a capability of providing their society this thing. So my answer is definitely NOT. No virtualy can make real money DISAPPEAR.
It's so impossible that cryptocurrencies can disappear money or FIAT. Because we know that cryptocurrencies and money are so different. We use Cryptocurrencies for transactions in the internet and money pr FIAT in our country for the real money that can we use for daily needs. So, they're has different functions.
What are the chances of living in a world with no actual money ?
I believe this is closer than one might think. Most professional business people I know and my family knows holds no cash on them at all. They only hold their creditcards... meaning digital currency and bitcoin is just the evolution of that.
I think that the debit and credit cards can bea an equivalent between real money and digital.
Some people dont have "money" any more and pay all with cards.
But if still exist different countries and goberments the digital money as bitcoin can exist as another payment method but not as unique money in the world...
I think that crypto currencies are first steps in all these...
Good day friends.
Some people dont have "money" any more and pay all with cards.
But if still exist different countries and goberments the digital money as bitcoin can exist as another payment method but not as unique money in the world...
I think that crypto currencies are first steps in all these...
Good day friends.
In the near future this is unlikely to happen, but if you look at further development, then perhaps this will become a reality
cryptocurrency is increasingly recognized and sought by many people around the world but in my opinion will not be able to replace real money because not everyone uses the internet
Or even more than that. You can’t say the exact time but yes there would be a time coming ahead when you couldn’t find any cash roaming here and there in stores or restaurants. Cashless society would be able to be seen but it takes time, much time actually. Because bitcoin is not so famous in general public so this factor may reduce the chances for bitcoin to make cash disappear from society.
at the moment, no, because how not to twist but the fiat money and bitcoin are closely related. in the near future I do not exclude this, but only on the condition that in the next few years, and maybe even earlier, all promising projects will be created on the blockchain and actively use it.
Cryptocurrency can't make real money disappear but both can exist. We will have two option how to make our payment easy like using credit or debit cards. If the store is accepting bitcoin or any altcoins then we have option to use this if we don't carry cash. Having many option on how we will pay is good and it's give us convenience.
I think that it will happen in future. Human inventions doesnt stand at one place, everything is constantly improving, same thing happens with cryptocurrencies. Nearly whole population has access to the Internet, and it is easier for people working through Internet, because there is no need to go anywhere, cryptocurrencies just give such opportunity. With real money, there are many problems, you can lose them or someone can steal them. Most important thing is that governments must begin cryptocurrencies legalization and then everything will go on its own.
I really hope we do live in a world with digital currency... soon
I think its possible for bitcoin to do so because bitcoin have already disappears some crypto from market and I think it’s easy for bitcoin to disappear real money but I think it need some time because bitcoin is almost new and I think it’s a big challenges for bitcoin but I’m quite sure that bitcoin can do it because bitcoin always accept challenges.In the long run, replacing money with crypto is possible. However, right now given the technology, bitcoin still have a long way to go. Bitcoin is taking too long for transfer and too limited to transfer. So there is a lot of issue that bitcoin need to resolve.
? While, FIAT is free. What are the chances of living in a world with no actual money ?
In my own personal opinion, cryptocurrency cannot make real money or actual money disappear because this is the legal money that every person used in their daily lives, but i think bicoin can still be a legal currency in the near future that it will be a alternative currency. I really hope we do live in a world with digital currency... soon
I think its possible for bitcoin to do so because bitcoin have already disappears some crypto from market and I think it’s easy for bitcoin to disappear real money but I think it need some time because bitcoin is almost new and I think it’s a big challenges for bitcoin but I’m quite sure that bitcoin can do it because bitcoin always accept challenges.In the long run, replacing money with crypto is possible. However, right now given the technology, bitcoin still have a long way to go. Bitcoin is taking too long for transfer and too limited to transfer. So there is a lot of issue that bitcoin need to resolve.
Presently cryptocurrency has been know in most developed countries of the world. Most country are preaching on cashless money. Since crypto involves cashless digital money. I believe sononer, it will replace money itself
I really hope we do live in a world with digital currency... soon
I think its possible for bitcoin to do so because bitcoin have already disappears some crypto from market and I think it’s easy for bitcoin to disappear real money but I think it need some time because bitcoin is almost new and I think it’s a big challenges for bitcoin but I’m quite sure that bitcoin can do it because bitcoin always accept challenges.In the long run, replacing money with crypto is possible. However, right now given the technology, bitcoin still have a long way to go. Bitcoin is taking too long for transfer and too limited to transfer. So there is a lot of issue that bitcoin need to resolve.
I really hope we do live in a world with digital currency... soon
I think its possible for bitcoin to do so because bitcoin have already disappears some crypto from market and I think it’s easy for bitcoin to disappear real money but I think it need some time because bitcoin is almost new and I think it’s a big challenges for bitcoin but I’m quite sure that bitcoin can do it because bitcoin always accept challenges.
From my point of view I figure digital money can't profit vanish even later on the grounds that such a significant number of difficulties are holding up and enormous investigation of each individual nations need to do. The way that we just utilize it through computerized and realizing that not all kids or grown-ups can utilize computers,cellphone to execute on any sort of exchange that acknowledge BTC. So we should be practical that in our reality genuine cash would not dis appear.
Actually we have rarely used the currency in real form such as paper money in transactions, the use of debit cards and credit cards have reduced the use of paper currency. especially with the development of blockhchain technology is possibly will be applied by a country to make fiat currency transform to digital currency. we do not know the possibilities of the development of this blockchain technology.
They are different currencies and crypto works only online so no one can relieve on it. Many uneducated people who will possible knows only real currencies that is issued by Govt. These Crypto need to be legalized by govt and they need to establish as a company, but none has been become still today.
So never think Crypto will defeat real currency.
So never think Crypto will defeat real currency.
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